Let's match each portfolio asset with its defintion
trading paper assets. It involves buying and selling of stocks, bonds, mutual funds, derivatives, and currencies. The paper asset is a representation of an underlying asset that can be of many types: stock, bonds, etc. Literally it is a piece of paper where the ownership of an asset is stated.
stocks: It represents ownership in a corporation. The capital of such company is divided in equally-valued shares which are sold in the financial markets and the buyers become its owners in the proportion of the value of the shares they have purchased.
mutual funds: It is a financial investment that pools money from investors to invest in securities. They have certain advantages if compared to investing individually on securities. They enable to reach economies of scale when conducting investments, they involve a higher level of diversification, more liquidity and they are controlled by professionals.
derivative: It is a contract whose value derives from other financial assets. More specifically, its value depends on an underlying, which can be an asset, an index, etc. Derivative contracts can be issued with a multiplicity of objectives: to protect other investment against price variations (insurance), to speculate, etc.
<span>This prompt would refer to someone who would consider themselves a Muckraker. A muckraker is someone who researches and publishes scandles and corruption found in politics. This term was popularized in 1906 when used by President Theodore Roosevelt in a speech, he reference a man with a muckrake in his hand, a term from "Pilgrim's Progress" describing someone who seeks worldly gain by raking muck.</span>
Answer:
C) Although people's moral characters are probably developed before, they get into a business school, it is still useful for business schools to cover ethics, including giving students an idea about the adverse consequences of unethical behavior to themselves, their firms, and the nation.
Explanation:
Usually we all start to develop our moral character at a very young age, when we are basically small children. Our parents are usually our initial role model, the our school, friends and social environment shape and define it. But an individual's moral character is not something fixed, it may change in time, even when we are old. Personal experiences, the media and our experience with institutions (e.g. university or a company where we work) can change our sense morality.
So it is never too late to try to teach moral standards and the negative consequences of unethical behavior since hopefully anyone with a flawed set of moral standards wan change them for better.
Answer:
$750
Explanation:
Calculation for What was the amount of the credit to depreciation expense on the 2020 consolidation worksheet
2020 Credit to depreciation expense=[($60,000/5 years )-($60,000-$25,000/5 years)]/5 years*9/12
2020 Credit to depreciation expense=[($60,000/5 years )-($35,000/5 years)]/5 years*9/12
2020 Credit to depreciation expense=[($12,000-$7,000)/5 years*9/12]
2020 Credit to depreciation expense=$5,000/5 years*9/12
2020 Credit to depreciation expense=$750
Therefore the amount of the credit to depreciation expense on the 2020 consolidation worksheet is $750
Answer:
A. A credit to Child Care Fees Earned of $4,500.
Explanation:
The journal entry to record this given transaction is given below:
Cash A/c Dr $4,500
To Child Care Fees Earned A/c $4,500
(Being the fees earned is recorded)
As the payment is collected that means cash balance is rise so it debited the cash account and credited the child care fees earned account.
As The monthly fee is $9,000 but we have to determine for 15 days, so it is
= $9,000 ÷ 2
= $4,500